Company Founded: Founded in 1920

  • Head of Debt Recovery

    Head of Debt Recovery

    Job Description

    Working closely with the Head of Credit, he /she will ensure compliance with internal credit policies and procedures, best practices and CBK prudential guidelines to facilitate management of credit risks within tolerable levels. The Job holder will be responsible for the overall non-performing book and will ensure that all defaulted credit facilities are fully paid, and bad debts are followed up minimize loss to the bank.

    Key Responsibilities.

    Developing sound, acceptable Debt Recovery Policies Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution. Check for credit viability of defaulting customer requests and evaluate various adjustments or exception documents for approval Maintain bad debt recovery records and ensure that the recoveries are aligned to target. Monitor receivables and collections and provide updates of receivables and appropriate reporting procedures. Identify problem accounts and provide regular updates of receivables to management. Negotiate payment programs with delinquent customers. Identify accounts requiring collection agency or legal action and coordinate collections with third party contractors. Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate Develop processes and procedures for engagement with external service providers and ensure they are complied with. Generates legal documents to facilitate litigation and recoveries of non-performing accounts. Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO) Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within debt recovery. Do any other duties and responsibilities as may be assigned by the management

    Skills

    Communication Skills
    computer skills, Critical thinker, Excel, Negotiation skills,
    Excellent command of the English language, both in communication ability and in drafting skills. Education Bachelor Of Business Closing Date 9 December 2020

    Apply via :

    oldmutual.wd3.myworkdayjobs.com

  • Temporary Project Manager-2

    Temporary Project Manager-2

    Job Description

    This role is responsible for the end to end coordination and management of small to medium sized projects.

    This role also provides administrative support to the Enterprise Project Management Office.

    Project Scoping

    Delivers specified requirements and meets customer satisfaction.

    Change request & Change control

    Reports/Manages any changes or deviations from the original scope, time, cost, and quality.

    Project planning

    Actively contributes to the planning phase and prepares the delivery plan.
    Manages the people, processes and technology required to deliver solutions effectively, according to the project requirements.

    Integration Management

    Coordination of all aspects of the assigned projects to ensure effective project execution.

    Quality Management

    Establishes and updates project plans with actuals and forecasts, and manages deviations from the plan.

    Project Expense Management

    Budget Monitoring, tracking, reporting any deviations and implementing approved corrective measures.

    Project Communication & Stakeholder management

    Reports on project progress at regular intervals to all project team members, steering committees and all other key stakeholders.

    Risk, Opportunity & Issue Management

    Manages key dependencies, roles and project risks.
    Escalates decisions and or unresolved issues and in doing so makes recommendations.

    Procurement & contract management

    Liaises with vendors and suppliers/consultants to ensure effective delivery.

    Team Management & Effectiveness

    Plans and manages the deployment of resources to meet project milestones.

    Apply via :

    oldmutual.wd3.myworkdayjobs.com

  • Payables Officer

    Payables Officer

    Job Description

    JOB SUMMARY

    Accounts Payable
    KEY TASKS AND RESPONSIBILITIES

    Process internal payments e.g. Petty Cash, Utility Bills, Office Rents &

    Staff Expenses within the credit period SLA (3 days)

    Process staff Loans with SLA (3 days TAT)
    Claims Payments (1 day TAT)
    Process customer refunds within SLA (3 day TAT)
    Process overrides by 15th of every month
    Control accounts for payments as assigned (Monthly aging of control accounts)
    Reconcile ledgers and posting of adjusting entries within the month end period (Monthly)
    Timely submission of cash flow requirements to treasury for funding
    Implementation of recommendations arising from previous internal and external audits
    Suppliers Reconciliations by 30th of every month
    Control Accounts reconciliations by 10th of every month

    SKILLS AND COMPETENCIES

    Right attitude
    Analytical
    Confident
    Integrity
    Attention to detail

    KNOWLEDGE & EXPERIENCE

    Experience working in a busy financial company
    Financial management
    Excellent Computer packages knowledge
    Knowledge of AX and Fortis Systems

    QUALIFICATIONS

    Degree in Bachelor of Commerce Finance Option
    CPA

    Apply via :

    safaricom.taleo.net

  • Internal Mechanic

    Internal Mechanic

    Job Description
    The incumbent will be run the daily administration issues at the Assessment Centre such as recording vehicles coming in and out of the assessment center, facilitating inspection of Mechanical parts and other admin and mechanical issues as per the standards of Service.
    KEY TASKS AND RESPONSIBILITIES

    Preparation of Assessment Center Status Reports
    To inspect vehicles engine, mechanical /electrical and other damages accurately
    Ensuring adequacy of stationery, refreshments in Assessment Centre
    Keep a record of all the vehicles that are received and released from the Assessment Centre
    Ensure all equipment are functioning correctly at the Centre
    Develop and maintain procedural documentation e.g. service provider documentation, signed SOPs and SLAs
    Test parts and systems to ensure that they are working properly where required
    Follow a checklist to ensure that all critical parts are examined and recorded
    Disassemble and reassemble parts where required
    Carry out vehicle minor stripping to enable assessor to view all the damages
    Explain to clients their motor problems and repairs done on the vehicles
    Provide input to other areas i.e. client feedback/queries
    Ensure proper disposal of scrap collected both at the Assessment Centre and dealerships
    Garage surveillance
    Manage TATs for assessors, parts suppliers and garages

    SKILLS AND COMPETENCIES

    Decision Making,
    Telephone efficiency
    Client Focus
    Information & time Monitoring/Management
    Stakeholders management Commitment
    Team Orientation
    Initiating Action

    KNOWLEDGE & EXPERIENCE

    Technical Knowledge-Mechanical
    At least 1 years’ experience
    Mechanical Related Certificate/Diploma

    Apply via :

    oldmutual.wd3.myworkdayjobs.com

  • Business Development Officer

    Business Development Officer

    Job Description
    To engage various bank channels in a bid to grow banc assurance business both on top line, bottom line and maintain acceptable loss ratios.
    Responsibilities

    Establish relationships with Banks with the objective of meeting production goals.
    Acquire and retain profitable business in line with acceptable loss ratios
    Every quarter open up at least two new banks/Financial institutions and obtain business.
    Follow up on monthly renewal and new business.
    Run with specific budgets per month which eventually adds up annually.
    Implement intermediary training plan on UAP products.
    Implement loyalty programme for banks.
    Monitor bank premium performance in line with set out targets, develop call back plans.
    Keep updated on various aspects of the business- from claims, underwriting and finance.
    Provide quotations as and when required by intermediaries within set out time frames.
    Prepare monthly reports on production, claims and credit control.

    Skills & Competencies

    Able to work under pressure and with minimum supervision
    Able to work independently and in a team and in any department
    Good customer relations, networking and communications skills
    Good organizational skills
    Ability to maintain confidentiality of records and information
    Team player and reliable
    Assertiveness
    Strong analytical skills
    Technical competence/knowledge in underwriting and claims.

    Qualifications

    Bachelor’s Degree in a business related course.
    ACII qualifications
    2 years experience in a busy Insurance environment.
    Experience in banc assurance is an added advantage

    Apply via :

    oldmutual.wd3.myworkdayjobs.com

  • Fixed Term Employee

    Fixed Term Employee

    Your time is now to be your exceptional best at Old Mutual!

    Job Description

    A Temporary employee in the Rest of Africa business.

    Provides a service as a temporary employee covering many fields.

    Apply via :

    oldmutual.wd3.myworkdayjobs.com

  • Actuarial Valuations Specialist

    Actuarial Valuations Specialist

    Job Description

    Ensure provision of Actuarial Services to UAP Old Mutual East Africa Group by working closely with the five business entities) and other Group Functions to meet their needs. This includes reserving, pricing, product reviews, experience reviews and solvency and capital management
    Conducts accuracy checks, and analyses data to draw conclusions and make recommendations
    Generate actuarial reports on various technical issues to Head of Actuarial and senior management
    JOB SUMMARY
    Ensure provision of Actuarial Services to UAP Old Mutual East Africa Group by working closely with the five business entities) and other Group Functions to meet their needs. This includes reserving, pricing, product reviews, experience reviews and solvency and capital management
    Conducts accuracy checks, and analyses data to draw conclusions and make recommendations
    Generate actuarial reports on various technical issues to Head of Actuarial and senior management
    KEY TASKS AND RESPONSIBILITIES
    Technical Actuarial Support; Conduct and/or review internal actuarial liability valuations for Kenya, Uganda, Tanzania, Rwanda and South Sudan
    Review of external actuaries’ report for Kenya and collaboration with the appointed actuaries to produce the Financial condition report for Kenya.
    Product Pricing and Review; Pricing products, profitability analysis, experience analysis, and other relevant actuarial investigations for UAP Kenya, UAP Uganda, UAP Tanzania, UAP Rwanda and UAP South Sudan to inform business decisions.
    Experience Monitoring; Conduct claims experience analysis and expense investigations and expense allocation exercises and other relevant actuarial investigations for UAP Short term insurance subsidiaries to inform business decisions.
    Solvency and Capital management; Carry out solvency computation for UAPIK on a risk-based capital basis including solvency stress tests.
    Carry out solvency review for the Uganda and Rwanda businesses which are moving to a Risk Based Capital regime.
    Financial Modeling; assist with financial modeling of business scenarios/projects to inform business decision making.
    Strategy and Business Planning Support; assist with business planning financial projections and solvency projections for the UAPIK.
    Special Projects; participate in special projects as would be requested by the insurance companies within the group e.g. IFRS17 and mapping out of OPEX Standard Operating Procedures.
    Reinsurance Support; Carry out a reinsurance P&L analysis for the East Africa subsidiaries to explore ways to optimise on reinsurance arrangements.
    Reporting and Documentation; Presentation of results and reports to businesses and subsidiary boards committees. Preparation of Board Papers and regulatory solvency and valuation reports.
    SKILLS AND COMPETENCIES
    Analytical Skills
    Data Handling knowledge
    Business Awareness
    Problem Solving Skills
    Communication and Presentation skills
    Ability to prioritize and work on a wide range of deliverables at once
    Working under minimal supervision
    Good interpersonal skills
    Proficiency in Microsoft office packages

    KNOWLEDGE & EXPERIENCE

    Familiar with the current Insurance regulations, Capital markets and Central Bank regulations
    Strong actuarial technical skills
    Strong analytical skills
    Strong data programming skills

    QUALIFICATIONS

    Bachelor of Actuarial Science or other related finance or mathematics degree
    Minimum 4 years actuarial experience
    An actuarial student with minimum 8 credits from recognised actuarial body

    Skills

    Education

    Bachelor Of Finance: Actuarial Science (Required)

    Apply via :

    oldmutual.wd3.myworkdayjobs.com

  • Collection Manager 

Debt Recovery Manager 

Manager Operation Excellence & Controls

    Collection Manager Debt Recovery Manager Manager Operation Excellence & Controls

    Job Description
    Do a daily detailed analysis of the  credit portfolio performance by branch , by Finance partners  ,and by products and enforce collections with the branch management Follow up with branch management on both team and individual finance partners’ loan collections action plans, track performance progress and promptly take / recommend remedial actions. Prepare daily and weekly management reports for the assigned portfolios for decision making purposes Conduct adhoc and routine visit stressed portfolios and enforce collections Make recommendations for changes in lending policy guided by historical track record and future projections on  Loan collections Maintain branch and Head office call summary reports for significant clients and update their files. Provide updated collections reports for management and statutory reporting Maintain a master group meetings schedule and ensure compliance and attendance of meetings by Finance partnerss Do any other duties that may be assigned by the Management

    go to method of application »

    Use the link(s) below to apply on company website.  

    Apply via :

  • Head of Operations 

Head of Human Capital

    Head of Operations Head of Human Capital

    The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending.
    We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.

    Offer strategic leadership to the branch leadership teams  In liaison with HR and heads of business segments, oversee the process of recruitment, training and induction of branch teams and ensure motivation and retention of staff.
    Drive a high performance culture among the branches and take charge of performance management across branches.
    Develop and roll out initiatives geared to achievement of all business KPIs Drive  profitability of the entire branch network and ensure that new branches /sales centers break even within the stipulated timelines Drive utilization and profitability of the alternative banking channels  by the banks clients Provide feedback to head of segments on the all products, service offerings and processes and recommend alignments to customer needs and expectations.
    Cultivate a customer service culture across all customer touch points and align people, products and processes to the same. 
    Leading the development and implementation of the overall  strategy for Operations Department Cost Management
    This position is responsible for contributing to profitability directly by ensuring prudent cost management and waste reduction across the entire organization Continuous Process Improvements and process efficiencies in the entire organization.
    Responsible for the delivery of day to day support of all banking operational functions and work with other stakeholders to provide the technology solutions, process improvement efforts to promote efficiency and standardization across the organization
    Lead centralization and standardization of operational processes across the bank and in conjunction with other areas of the organization
    Ensure organizational operations quality through review, update, implementation and adherence to agreed internal policies, procedures and manuals
    Ensure compliance with regulatory provisions and requirements Maintain a professional work environment that focuses on superior performance by departmental staff  –
    Establish effective systems, procedures and standards of performance for staff in the Operations Department and in the branches Training and motivation of staff –
    Identify training and counseling needs and ensure these are met for all staff under purview as appropriate
    Talent spotting to ensure appropriate exposure and career opportunities/ succession planning for high performing staff in the Operations Department and branch network.
    Play a lead role in developing alternate channels of customer service delivery, such as agency banking and third party partnerships and offer enhanced convenience to customers
    Provide the necessary support as appropriate in execution of the organization’s expansionist strategies such as branch expansion, rollout of agency banking and rolling out of strategic partnerships
    Working closely with the relevant Head Office departments, ensure effective administrative support to all the branches including resolving premises and other business-as-usual operational and service issues arising from time to time
    This position has broad decision-making authority and is responsible for the overall budgeting and planning for the daily Operation Department functions Communicating and reinforcing the AML-CTF compliance culture established by the board Implementing and enforcing the board-approved AML, KYC & CFT policy within the Department, Unit or Branch.

    Head of Operations Requirements:

    Bachelor’s degree in Business, Computer Science, or a related field.
    Experience as a Head of Operations or in a similar role.
    Knowledge of business functions.
    Solid knowledge of data analytics.
    Strong mathematical literacy.
    Excellent organizational and leadership qualities.
    A strategic thinker

    go to method of application »

    Use the link(s) below to apply on company website.  

    Apply via :

  • Regional Sales Manager-Kimathi

    Regional Sales Manager-Kimathi

    Your time is now to be your exceptional best at Old Mutual!

    Job Description

    KEY TASKS AND RESPONSIBILITIES

    Accountable for delivery of business plan targets including Revenue, Persistency, Productivity and Business Mix
    Acquisition of new clients for Retail, Corporate and SME
    Recruitment and retention of Sales Managers and Financial Advisors for both Tied and IFA channels
    Strategic thinking, identification and organise for events and meetings that will create prospecting platforms for Financial Advisors
    Monitor competitor activity and advise the business on opportunities/threats that are presented by such activities.
    Retention of existing clients to ensure commercial viability of existing portfolio
    Accurately and timely generate productivity reports
    Enforcement of performance management processes as specified by the business
    Ensure regulatory compliance including Advisor certification for COP

    Skills And Competencies

    Decision Making
    Interpersonal skills
    Good Communication skills
    Client Focus

    Qualifications , Knowledge & Experience

    Appropriate use of interpersonal styles and communication techniques to gain commitment from others.
    Ability to apply analytical, integrative, lateral and systematic thinking skills.
    At least 3-4 years sales experience
    Degree in Business Related Course
    Sales experience will be an added advantage

    Apply via :

    oldmutual.wd3.myworkdayjobs.com